83
83
Nov 22, 2012
11/12
by
CSPAN2
tv
eye 83
favorite 0
quote 0
bond yields will rise in the cost of financing current deficits will increase. there won't be much cash available to move into government investments for the future. the bridges research in the basic sciences, public schools better equipped for the 21st century and so on. it will mean less spending on technology, less capital available to current listing companies and less capital for ashburn or second to go public on our market. the decline in american ingenuity would be a consequence and over time would be a decline of our position in the world. as all prices adjust, market forces could reach a point where investors refuse to buy u.s. treasury bonds. we see investors to the potential of the realizations now to risk. in 2007, over $1 trillion have flowed in to bomb an even greater amount out of the lease. a lack of clarity, on equity capital gains and dividends act as a deterrent or equity investment. when trying dollars moving into fixed income were fixed income is basically pain zero. that shows a fundamental aversion to risk, which is new to our society and
bond yields will rise in the cost of financing current deficits will increase. there won't be much cash available to move into government investments for the future. the bridges research in the basic sciences, public schools better equipped for the 21st century and so on. it will mean less spending on technology, less capital available to current listing companies and less capital for ashburn or second to go public on our market. the decline in american ingenuity would be a consequence and over...
142
142
Nov 28, 2012
11/12
by
MSNBCW
tv
eye 142
favorite 0
quote 0
>> well, they came over a week ago and can't remember the bush era because they grew the deficits. another thing was saying capito was for the patriot act and that upset the hard core conservatives. every republican senator vot
>> well, they came over a week ago and can't remember the bush era because they grew the deficits. another thing was saying capito was for the patriot act and that upset the hard core conservatives. every republican senator vot
76
76
Nov 28, 2012
11/12
by
CNBC
tv
eye 76
favorite 0
quote 0
there's been a lot of talk here in washington about the deadlines we're facing on taxes and deficits. these deadlines will be coming up very soon, but today is important, because i want to make sure everybody understands, this debate is not just about numbers. it's a set of major decisions that are going to affect millions of families all across this country in very significant ways. and their voices, the voices of the american people, have to be part of this debate. so i asked some friends of mine here to join me, some folks from here in the area. our ultimate goal is an agreement that gets our long-term deficit under control in a way that is fair and balanced. that kind of agreement would be good for our businesses, good for our economy, it would be good for our children's future. i believe that both parties can agree on a framework that does that in the coming weeks. in fact, my hope is to get this done before christmas. but the place where we already have, in theory at least, complete agreement right now, is on middle-class taxes. as i've said before, we have two choices. if congr
there's been a lot of talk here in washington about the deadlines we're facing on taxes and deficits. these deadlines will be coming up very soon, but today is important, because i want to make sure everybody understands, this debate is not just about numbers. it's a set of major decisions that are going to affect millions of families all across this country in very significant ways. and their voices, the voices of the american people, have to be part of this debate. so i asked some friends of...
147
147
Nov 27, 2012
11/12
by
CURRENT
tv
eye 147
favorite 0
quote 0
the wealthy did not contribute one nickel toward deficit reduction. i think now is the time where the democrats and the president have got to stand firm and say excuse me, the middle class is hurting in this terrible recession. the number of people who are in poverty is at an all-time high. we are not going to balance the budget on the backs of the most vulnerable and wealthy and large corporations are going to have to start paying their fair share of taxes. >> eliot: senator, not only do i agree with you i love to hear you state it with the clarity you always do. there is still unbelievable ambiguity with what the republicans are willing to do. there are basically three ideas floating around. one you can you would cap the amount any one person could make in deductions. close loopholes and three raise marginal rates. the third i gather is what you think we should do. >> i have not heard any republican is in favor of the latter. i think it's kind of mushy and revenue is a big word. you can have reaction near ways of raising revenue. to my point the pre
the wealthy did not contribute one nickel toward deficit reduction. i think now is the time where the democrats and the president have got to stand firm and say excuse me, the middle class is hurting in this terrible recession. the number of people who are in poverty is at an all-time high. we are not going to balance the budget on the backs of the most vulnerable and wealthy and large corporations are going to have to start paying their fair share of taxes. >> eliot: senator, not only do...
132
132
Nov 28, 2012
11/12
by
FBC
tv
eye 132
favorite 0
quote 0
it adds up to about what our deficit is. until you deal with the fact that they have continued this $800 billion in stimulus until they cut that out, are we going anywhere? >> i think the real object tiff, the thing we have to do as a company, as a country is fix our fiscal house. in order to do that we have to reduce spending, we have to increase taxes. there is no two ways about it. the great thing in my view about the fiscal cliff --. david: by the way whht we're looking at what i was talking about before. as you can see, tween, that was supposed to be one-shot deal. $800 billion increase in spending. continued, 2011, 2012. that is what has to be addressed. >> it all has to be addressed. we need a comprehensive solution that will last for a long time that will both right the ship and give us certainty and give us understanding as business people and consumers what status we will have from a tax poont of view, from a spending point of view over the next number of years. liz: that becomes the big problem for anybody trying
it adds up to about what our deficit is. until you deal with the fact that they have continued this $800 billion in stimulus until they cut that out, are we going anywhere? >> i think the real object tiff, the thing we have to do as a company, as a country is fix our fiscal house. in order to do that we have to reduce spending, we have to increase taxes. there is no two ways about it. the great thing in my view about the fiscal cliff --. david: by the way whht we're looking at what i was...
120
120
Nov 28, 2012
11/12
by
FOXNEWSW
tv
eye 120
favorite 0
quote 0
entrenched interests behind the spending that's killing a lot of states, is hurting our own federal deficit. so i think scott walker is someone who can say, look, i've done this, it was not easy, and i succeeded. as far as democrats are concerned, it's really a far less wide-open race, i think, than with republicans, simply because you have this hillary clinton decision out there, whether she does or doesn't. if she doesn't, i think you might have some democrats saying, you know, we won with the senator the last timing, but that's really, really unusual. governors are good. and martin o'malley of maryland, brian schweitzer of montana are two possibilities. >> greta: i think governor o'malley, a big choice, obviously someone people have their eyes on, but also cory booker, a mayor on the democratic side from newark, new jersey. we'll see a lot of corey booker. on the republican side, a woman, governor, suzanna martinez from the state of new mexico. i think she's someone to keep our eye on, because i think her speech at the republican national convention was one that wowed somebody. >> open r
entrenched interests behind the spending that's killing a lot of states, is hurting our own federal deficit. so i think scott walker is someone who can say, look, i've done this, it was not easy, and i succeeded. as far as democrats are concerned, it's really a far less wide-open race, i think, than with republicans, simply because you have this hillary clinton decision out there, whether she does or doesn't. if she doesn't, i think you might have some democrats saying, you know, we won with...
190
190
Nov 24, 2012
11/12
by
CNNW
tv
eye 190
favorite 0
quote 0
that our manufacturing goods, trade deficit has gone up. >> that might be true that some play dirty, with don't we as well snt risk becomes that we encourage mal investment. all the things that make the united states unique and special over the past 100-odd years in the economy and that's innovation. and that's resilience had to do little with subsidies. little with special treatment but rather equal playing field. let's not corrupt what is made special to play dirty to keep up with the dirty players. >> i'm not suggest we go play dirty. i disagree with your economic history a little bit. every successful industry that's been incubated in the united states has been subsidized like sems and you can go back to the telegraph and find. that i think we have a differing view of economic history. but what i'm suggesting is this, someone's going to make cars for consumers in the united states. i'd like to see them made here. japan, korea, china, germany, they all have manufacturing strategies. if we don't have one, and i think -- i don't think it should be a dirty one. i think it should be s
that our manufacturing goods, trade deficit has gone up. >> that might be true that some play dirty, with don't we as well snt risk becomes that we encourage mal investment. all the things that make the united states unique and special over the past 100-odd years in the economy and that's innovation. and that's resilience had to do little with subsidies. little with special treatment but rather equal playing field. let's not corrupt what is made special to play dirty to keep up with the...
118
118
Nov 29, 2012
11/12
by
FOXNEWSW
tv
eye 118
favorite 0
quote 0
the deficit is large. where's the rest of his plan? he has to show us his plan. house members would like to extend all current tax rates permanently. that brings certainly the to the economy. get a subsequent bill for the sequestration. work with president obama in a good faith effort to get pro growth tax reform. that would work. we've got the ryan budget that spends $7 trillion less than the president's budget. that would restore the confidence that the economy needs. >> greta: senator, thank you. >> thank you. >> greta: with time running out, you would think that president obama would call the house and senate leaders and ask them to the oval office, but apparently something is wrong with the white house phones. he's trying to outsource the job to you. take a look. >> i'm asking americans all across the country to make your voice heard. tell members of congress what a $2,000 tax hike would mean to you. call your members of congress, write them an email, post it on their facebook walls. you can tweet it using the #my2k. >> greta: why doesn't the president pick
the deficit is large. where's the rest of his plan? he has to show us his plan. house members would like to extend all current tax rates permanently. that brings certainly the to the economy. get a subsequent bill for the sequestration. work with president obama in a good faith effort to get pro growth tax reform. that would work. we've got the ryan budget that spends $7 trillion less than the president's budget. that would restore the confidence that the economy needs. >> greta: senator,...
139
139
Nov 21, 2012
11/12
by
MSNBCW
tv
eye 139
favorite 0
quote 0
the deficit is to get people back to work. right now, the price of money is cheap. you can almost get it for free. we should be investing in more economic development. >> so should this be part of the package? >> absolutely. what we need to do is -- i want to back up a bit. we're not raising taxes. the bush tax cuts were designed to expire. so we're saying let them expire. that's how they were designed. but not for the people under $250,000. you're not going to touch medicare unless you bargain on the price of drugs. don't damage the planned participants. but put money back into rebuilding the infrastructure of america. put people back to work. the jobs that will be created will lower the deficit instead of trying to beat up on poor people. >> the art of the deal, many people think the art of the deal has left washington and that this is going to be more people think the art of the deal has left washington and that this is going to be more stalemate. are you confident that democrats in red states will come around and hold the
the deficit is to get people back to work. right now, the price of money is cheap. you can almost get it for free. we should be investing in more economic development. >> so should this be part of the package? >> absolutely. what we need to do is -- i want to back up a bit. we're not raising taxes. the bush tax cuts were designed to expire. so we're saying let them expire. that's how they were designed. but not for the people under $250,000. you're not going to touch medicare unless...
110
110
Nov 28, 2012
11/12
by
MSNBCW
tv
eye 110
favorite 0
quote 0
our ultimate goal is an agreement that gets our long-term deficit under control in a way that is fair and balanced. that kind of agreement would be good for our businesses, it would be good for our economy, it would be good for our children's future. and i believe that both parties can agree on a framework that does that in the coming weeks. in fact, my hope is to get this done before christmas. but -- the place where we already have in theory at least complete agreement, right now, is on middle-class taxes. and as i've said before, we have two choices. if congress does nothing, every family in america will see their taxes automatically go up at the beginning of next year. starting january 1st, every family in america will see their taxes go up. a typical middle-class family of four, would see its income taxes go up by $2200. that's $2200 out of people's pockets. that means less money for buying groceries, less money for filling prescriptions, less money for buying diapers. it means a tougher choice between paying the rent and paying tuition and middle-class families just can't afford
our ultimate goal is an agreement that gets our long-term deficit under control in a way that is fair and balanced. that kind of agreement would be good for our businesses, it would be good for our economy, it would be good for our children's future. and i believe that both parties can agree on a framework that does that in the coming weeks. in fact, my hope is to get this done before christmas. but -- the place where we already have in theory at least complete agreement, right now, is on...
92
92
Nov 22, 2012
11/12
by
CSPAN
tv
eye 92
favorite 0
quote 0
medicare, medicaid, the chief drivers of our president -- deficit. we made a lot of progress, but there is still spending we have to cut. the big bottleneck is republicans in congress on revenue and how much they're willing to come from. democrats will also have to step up and do some tough things. the notion that somehow these deficits and our debt are not a threat to our national security and economic future is something i cannot -- disagree with more strongly, as does the president. there are commentators on the left that suggest that -- we should not deal with it at all. we have to deal with it. think about the damage -- let's say we could reach an agreement. i happen to believe, i am not an economist by training, but we have been around enough to understand -- that would be a great driver for our economy. we are over performing the rest of the world right now. if we can actually -- for the business community and the american people say we have our fiscal house in order for a 20 period and will still be able to invest in education and technology
medicare, medicaid, the chief drivers of our president -- deficit. we made a lot of progress, but there is still spending we have to cut. the big bottleneck is republicans in congress on revenue and how much they're willing to come from. democrats will also have to step up and do some tough things. the notion that somehow these deficits and our debt are not a threat to our national security and economic future is something i cannot -- disagree with more strongly, as does the president. there...
160
160
Nov 28, 2012
11/12
by
CNBC
tv
eye 160
favorite 0
quote 0
we're going to have about $.5 trillion in deficits in 2013. is that a crisis? for god's sake, we're finally doing something to address our debt and deficits. that should be great news. i'll tell you why gold might be down today. why is the market rallying when gold, oil, and copper are down? the only tentity borrowing all this money is the government. that's why gold is going down. guess what? don't worry about it. they're going to punt on this like they have every other time. >> are you as pessimistic? are they going to punt? what do you do? >> in the short-term, you have to be careful. these are unknowable things. it's a very fluid situation, as you identified. somebody gives us some happy talk. this market goes straight up. i think gold is giving perhaps a false signal there won't be qe-4. i believe there will be. it's just a matter of time. this is going to take time to implement. we're not going to put all these changes in place january 1. there's no grand bargain out there that's going to cover all these things at once. it's going to be to have phased in.
we're going to have about $.5 trillion in deficits in 2013. is that a crisis? for god's sake, we're finally doing something to address our debt and deficits. that should be great news. i'll tell you why gold might be down today. why is the market rallying when gold, oil, and copper are down? the only tentity borrowing all this money is the government. that's why gold is going down. guess what? don't worry about it. they're going to punt on this like they have every other time. >> are you...
107
107
Nov 25, 2012
11/12
by
CSPAN
tv
eye 107
favorite 0
quote 0
college students have contributed $4.50 billion out of their pockets toward deficit reduction. we have had things squeezing us at different levels. we are facing the biggest threat from what is called a sequester, the fiscal cliff. one part of the fiscal cliff arc across the board -- across the board -- are across-the-board spending cuts. they will be cutting housing and food safety and the entire range of domestic programs. for education, that will be head start, which is in the department of health and human services. there will be a $4.80 billion cut, the largest education cut in the history of the country. that will move us that courts whether the goal is -- move us backwards. our biggest challenge in the short-term is to work together with groups like the urban league and the national council of la raza to come up with a balanced approach to deficit reduction and ask people who can pay a little bit more to do so without balancing the budget on the backs of children and students and working people and low income people. a couple of quick things i want to say. we are also fa
college students have contributed $4.50 billion out of their pockets toward deficit reduction. we have had things squeezing us at different levels. we are facing the biggest threat from what is called a sequester, the fiscal cliff. one part of the fiscal cliff arc across the board -- across the board -- are across-the-board spending cuts. they will be cutting housing and food safety and the entire range of domestic programs. for education, that will be head start, which is in the department of...
140
140
Nov 29, 2012
11/12
by
KTVU
tv
eye 140
favorite 0
quote 0
and treasury secretary tim geithner will hold talks with congressional leaders about reducing the deficit while keeping the economy growing - a lot of input being gathered on how to resolve the inevitable. president obama met with his cabinet wednesday for the first time since his re-election. but otherwise, his schedule has been filled with business leaders and resolving the fiscal crisis sooner rather than later. "families need confidence to go out and spend going into christmas." tuesday, leaders from small business gave their views. "i said the more people have money in their pocket, the more they'll spend and we'll do better." "i suggested raising the minimum wage, tying it to an inflation index, and national leadership in online retail taxes." and there's a concerted public effort: the white house website features an appeal to "speak out to keep taxes from going up on the middle class." "if congress does nothing, taxes up $2200." that $2200 morphed into a white house twitter campaign - #my2k - to encourage americans to weigh in on the debate. but ultimately, this still comes down to
and treasury secretary tim geithner will hold talks with congressional leaders about reducing the deficit while keeping the economy growing - a lot of input being gathered on how to resolve the inevitable. president obama met with his cabinet wednesday for the first time since his re-election. but otherwise, his schedule has been filled with business leaders and resolving the fiscal crisis sooner rather than later. "families need confidence to go out and spend going into christmas."...
131
131
Nov 22, 2012
11/12
by
CNBC
tv
eye 131
favorite 0
quote 0
but state and local governments are also dealing with massive deficits. each state has a slightly different story, but across the country, there is a common theme. in many state houses, expenditures are outpacing income, and public pension obligations are drastically underfunded. as we reported in december 2010, some believe a day of reckoning is at hand for many states that could require another big bailout package. >> the most alarming thing about the state issue is the level of complacency. >> meredith whitney is one of the most respected financial analysts on wall street. she made her reputation by warning that the big banks were in big trouble long before the 2008 collapse. now she's warning about a financial meltdown in state and local governments. >> it has tentacles as wide as anything i've seen. i think, next to housing, this is the single most important issue in the united states and certainly the largest threat to the u.s. economy. >> why aren't people paying attention? >> 'cause they don't pay attention until they have to. >> whitney says it's
but state and local governments are also dealing with massive deficits. each state has a slightly different story, but across the country, there is a common theme. in many state houses, expenditures are outpacing income, and public pension obligations are drastically underfunded. as we reported in december 2010, some believe a day of reckoning is at hand for many states that could require another big bailout package. >> the most alarming thing about the state issue is the level of...
SFGTV2: San Francisco Government Television
85
85
Nov 22, 2012
11/12
by
SFGTV2
tv
eye 85
favorite 0
quote 0
i have be asked to testify whether or not psycho paths have affective deficits. absolutely they do. there has been hundreds of years of psychiatric research shows that they do. you have this two prong thing. on the one hand more dangerous if you release them and don't treat them. on the other hand, they're affectively different. there was a very nice article in the "new york times" magazine on mother's day about children who have these emerging traits and how we would develop and understand and treat them. it's a small percentage. my goal is to develop better treatment so they can keep them off that trajectory towards life course persistent problems. >> are you saying that people that have the brain structure that you have identified will always be lacking in volitional control or impulse receive to the extent that they are criminals? do we have a subset of people that are criminals because of their brains? >> i should really differentiate psychopathy from criminality. there are a lot of reasons why individuals engage in different criminal activity. it's a very small percentage of p
i have be asked to testify whether or not psycho paths have affective deficits. absolutely they do. there has been hundreds of years of psychiatric research shows that they do. you have this two prong thing. on the one hand more dangerous if you release them and don't treat them. on the other hand, they're affectively different. there was a very nice article in the "new york times" magazine on mother's day about children who have these emerging traits and how we would develop and...
51
51
Nov 21, 2012
11/12
by
CNBC
tv
eye 51
favorite 0
quote 0
well, as a matter of fact, i realize that they have to address the issue and reduce the deficit, but any measure you take to reduce the deficit also has an impact on the economy, whether it's raising taxes or cutting spending. with the deficit, 8.5% of gdp, if you remove that, then you're removing a big piece of gdp right there. so i still think that over the intermediate to even long term there's going to be opportunities for us to take advantage of volatility. i don't think volatility's going to go away. >> make it your friend. thank you invest much. >>> next on "street signs" -- it could officially be the end of the line for hostess. who, if anyone, is out there to potentially buy this iconic brand before it goes away? >>> groupon is up 10% today. why the big money is suddenly subscribing to the daily deals site. stick around. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the
well, as a matter of fact, i realize that they have to address the issue and reduce the deficit, but any measure you take to reduce the deficit also has an impact on the economy, whether it's raising taxes or cutting spending. with the deficit, 8.5% of gdp, if you remove that, then you're removing a big piece of gdp right there. so i still think that over the intermediate to even long term there's going to be opportunities for us to take advantage of volatility. i don't think volatility's going...
157
157
Nov 27, 2012
11/12
by
MSNBCW
tv
eye 157
favorite 0
quote 0
it's all about the deficit. he's not interested in people's suffering. he's interested in the deficit. that's where his focus is. >> that's exactly right. and he's not interested in the argument that perhaps for a stronger economy we need to care about the middle class and if we keep chopping them off at the knees, there's not going to be anybody to buy the products from the companies they're investing in. >> ari, we know the president when he was in the midst of that negotiation of a grand bargain with speaker boehner, he contemplated the prospect of raising the age at which it would trigger entitlements, particularly for social security. do you think this time around he'll do the same or do you think progressives will hold him to account on that and say no, no way? >> i'm concerned about it, and i think the problem is the red lines on the left side of this debate are not as clear as the ones on the right. you know, everyone spent a lot of time worrying about whether grover norquist is happy. but the fact of the political ecology in washington is there
it's all about the deficit. he's not interested in people's suffering. he's interested in the deficit. that's where his focus is. >> that's exactly right. and he's not interested in the argument that perhaps for a stronger economy we need to care about the middle class and if we keep chopping them off at the knees, there's not going to be anybody to buy the products from the companies they're investing in. >> ari, we know the president when he was in the midst of that negotiation of...
91
91
Nov 22, 2012
11/12
by
CSPAN2
tv
eye 91
favorite 0
quote 0
as a clinician that these kids and families and our clinics in seeing the major education deficit on the fields today in all sports frankly, but also seeing the outcomes. some of the things that raise talking about in terms of understanding forces is really important and we just completed some work in developing measures they are using so we can understand their cognitive symptom kinds of effects of these to kids. i think that's very, very important outcome to what we need to link up with the games. from the perspective -- actually was at the aspen institute this summer, where u.s. nabobs question about, should we be eliminating football -- tackling a football before the age of 14. at that point i couldn't speak, although we did speak that night. one of the things i said as we've got to change things. in its current form of credit problem. although the age limit is something that has to be further studied here it is going to finish my comments with research, but maybe starts with research in trying to understand what evidence do we have. one of the things that is hopeful that i've se
as a clinician that these kids and families and our clinics in seeing the major education deficit on the fields today in all sports frankly, but also seeing the outcomes. some of the things that raise talking about in terms of understanding forces is really important and we just completed some work in developing measures they are using so we can understand their cognitive symptom kinds of effects of these to kids. i think that's very, very important outcome to what we need to link up with the...
98
98
Nov 29, 2012
11/12
by
CSPAN2
tv
eye 98
favorite 0
quote 0
[inaudible] with more trillion dollar deficits forecast in years to come. despite the extraordinary steps to do with a great recession, deficit as a share of the economy has actually decreased every year for the last three years. 10% of gdp in 2009, 7% gdp today. the source is not the democratic national committee, but "investor's business daily." they said believe that or not, the federal deficits smaller over the past three years and it hasn't any stretch since demobilization after world war ii. outside of the post-world war ii era, the on than the up deficit has fallen faster is when the economy we left in 1937, during the great depression into -- [inaudible] u.s. district offers, testing the speed limit of the fiscal consolidation does and backfire. >> i really go back to simpson-bowles. i think they had it right put. repeat, everything on the table. not only taxes, but spending cuts and entitlement reform. let me speak about each of them. first when it comes to revenue, so many people in the business community and outside have talked about simpson-bowl
[inaudible] with more trillion dollar deficits forecast in years to come. despite the extraordinary steps to do with a great recession, deficit as a share of the economy has actually decreased every year for the last three years. 10% of gdp in 2009, 7% gdp today. the source is not the democratic national committee, but "investor's business daily." they said believe that or not, the federal deficits smaller over the past three years and it hasn't any stretch since demobilization after...
31
31
tv
eye 31
favorite 0
quote 1
mean the law paid for itself and in fact it created a budget it contributed to reducing the budget deficit the fight that's going on right now that relates to how we pay for health care is the fight to defend medicare and medicaid in the so-called fiscal cliff discussions the budget debate there is you know this week and next we are in this week right here in washington that we are all have about the so-called fiscal cliff the fiscal curve the showdown whatever you want to call it it's a debate over priorities it's a debate about what we want our country to be and for those of us who support medicare and medicaid who believe that health care is something everyone ought to have it starts with having the wealthiest people in this country contribute their fair share in taxes and unfortunately the republicans have been drawing a line in the sand and it makes no sense makes no sense at all and so it's so critical not just for the affordable care act but for medicare and medicaid for health care for people disability for the elderly for all of us and that's why we're very very fit and the presid
mean the law paid for itself and in fact it created a budget it contributed to reducing the budget deficit the fight that's going on right now that relates to how we pay for health care is the fight to defend medicare and medicaid in the so-called fiscal cliff discussions the budget debate there is you know this week and next we are in this week right here in washington that we are all have about the so-called fiscal cliff the fiscal curve the showdown whatever you want to call it it's a debate...
59
59
Nov 22, 2012
11/12
by
FBC
tv
eye 59
favorite 0
quote 0
if you look at the deficit, the debt, it all matters. and what they are doing, it's almost like a microcosm of what the federal government does. it prints it, goes into more deficit spending. that is what fema is doing. they don't have the money and they will be able to pay back the money a already zero. it is all really the same. congress needs to address this. we cannot keep on doing this, keep on bailing out fema. everything will be fine. it. melissa: we don't want to leave people who need help. are they out of money because their and our people in disaster situations? are they just bad at managing it? >> two reasons, and you mentioned them both. the first is that people build houses on flood prone areas, beaches, next to reverse. they only pay a couple hundred dollars a year for flood insurance. the taxpayer bells them out of literally and figuratively out of these floods because let's say $300 a year. they did bailed out to the tune of tens of thousands of dollars by the federal government when a disaster strikes. if you kind of sou
if you look at the deficit, the debt, it all matters. and what they are doing, it's almost like a microcosm of what the federal government does. it prints it, goes into more deficit spending. that is what fema is doing. they don't have the money and they will be able to pay back the money a already zero. it is all really the same. congress needs to address this. we cannot keep on doing this, keep on bailing out fema. everything will be fine. it. melissa: we don't want to leave people who need...
89
89
Nov 22, 2012
11/12
by
MSNBCW
tv
eye 89
favorite 0
quote 0
it doesn't make a lot of sense to get rid of a deficit reduction program, as part of a deficit reduction deal. the white house already rejected boehner's idea. obama care will not be part of debt negotiations. boehner is up to something here, don't you think? something else, that is. if you watch john boehner closely over the last two weeks, you can see him laying the ground work for the latest ploy. he called obama care the law of the land, but also tried to link it to obama care and the budget. >> you had said, next year, that you would repeal the health care vote. that's still your mission? >> well, i think the election changes that. it's pretty clear that the president was re-elected. obama care is the law of the land. i think there are parts of the health care law that are going to be very difficult to implement. and very expensive. and at a time where we're trying to find a way to create a path toward a balanced budget, everything has to be on the table. >> but you won't be spending the time next year, trying to repeal obama care? >> there are certainly may be parts of it that we b
it doesn't make a lot of sense to get rid of a deficit reduction program, as part of a deficit reduction deal. the white house already rejected boehner's idea. obama care will not be part of debt negotiations. boehner is up to something here, don't you think? something else, that is. if you watch john boehner closely over the last two weeks, you can see him laying the ground work for the latest ploy. he called obama care the law of the land, but also tried to link it to obama care and the...
207
207
Nov 23, 2012
11/12
by
CSPAN
tv
eye 207
favorite 0
quote 0
as a clinician that these kids and families and our clinics in seeing the major education deficit on the fields today in all sports frankly, but also seeing the outcomes. some of the things that raise talking about in terms of understanding forces is really important and we just completed some work in developing measures they are using so we can understand their cognitive symptom kinds of effects of these to kids. i think that's very, very important outcome to what we need to link up with the games. from the perspective -- actually was at the aspen institute this summer, where u.s. nabobs question about, should we be eliminating football -- tackling a football before the age of 14. at that point i couldn't speak, although we did speak that night. one of the things i said as we've got to change things. in its current form of credit problem. although the age limit is something that has to be further studied here it is going to finish my comments with research, but maybe starts with research in trying to understand what evidence do we have. one of the things that is hopeful that i've se
as a clinician that these kids and families and our clinics in seeing the major education deficit on the fields today in all sports frankly, but also seeing the outcomes. some of the things that raise talking about in terms of understanding forces is really important and we just completed some work in developing measures they are using so we can understand their cognitive symptom kinds of effects of these to kids. i think that's very, very important outcome to what we need to link up with the...
101
101
Nov 29, 2012
11/12
by
FBC
tv
eye 101
favorite 0
quote 0
to do serious long-term debt and deficit reduction you have to do entitlement reform. what this president is feeling is the popular sensibility is polls show the majority of americans don't even want to raise the age on medicare from 65 to 67 and they are using that so they don't have to do serious reform but you cannot control the debt or the deficit without serious in title and reform. medicare is going to come crashing down unless you do something period. dick durbin knows that. the liberal democratic senators signed off on the simpson-bowles proposal but right now he is saying i don't want to do that as part of the fiscal cliff solution. let's take off until next year. dennis: thank you for being with us. cheryl: fiscal cliff survival kit. today it is your home addition. new talk but washington made do away with the tax break for home mortgage deduction or change the calculation and hit high income earners. the managing partner of mortgage banking solutions joins me from austin, texas with his fiscal cliff survival tips. thank you for being with us on our series th
to do serious long-term debt and deficit reduction you have to do entitlement reform. what this president is feeling is the popular sensibility is polls show the majority of americans don't even want to raise the age on medicare from 65 to 67 and they are using that so they don't have to do serious reform but you cannot control the debt or the deficit without serious in title and reform. medicare is going to come crashing down unless you do something period. dick durbin knows that. the liberal...
127
127
Nov 29, 2012
11/12
by
CNNW
tv
eye 127
favorite 0
quote 0
as you know, we have a trillion dollar annual deficit and this would not close that gap at all. so the president needs to come up with a plan and for better or worse going to require leadership. no member of the senate or the house is going to be able to do this, this is something the president has to do by himself and he can't do it on the campaign trail. >> let me ask you this because you wrote an op-ed today and you wrote about divided government about the deal. you said divided government means that neither democrats nor republicans will be able to pass legislation along strictly partisan lines. we cannot tax our way back to budget surpluses and economic prosperity without major spending cuts and entitle 347b9 reforms we will continue running a huge deficit regardless of what anyone does on either side. for every dollar of revenue you give him, he'll give you $2.50 of spending cuts. if he gave you that on spending cuts, it would be $850 billon a year would you do that? >> the president has said a lot of things, but what counts is what he's willing to put on the table and so
as you know, we have a trillion dollar annual deficit and this would not close that gap at all. so the president needs to come up with a plan and for better or worse going to require leadership. no member of the senate or the house is going to be able to do this, this is something the president has to do by himself and he can't do it on the campaign trail. >> let me ask you this because you wrote an op-ed today and you wrote about divided government about the deal. you said divided...
179
179
Nov 24, 2012
11/12
by
KNTV
tv
eye 179
favorite 0
quote 0
. >>> another step back to closing california's budget deficit. the steal of the state's first pollution permits brought in much less money than expected. the governor and lawmakers projected three auctions would raise $1 billion. but now analysts project it will only bring the state around $216 million. the governor's january budget could reflect the lower projections. >>> illegal marijuana growers appear to be growing green. investigators say growers around the country are turning to solar power to remain off the grid and avoid deduction. police in new mexico said it's a growing crime and have busted many illegal marijuana operations that use solar panels. authorities in california say they're patrolling the wine country for solar panel thefts. they believe they're being used to grow pot. >>> in the sierra, this year's black friday turned out to be fairly white. here is a look at conditions on the roads and on the slopes. >> reporter: these snowmen were hanging out in mud and grass, and the skiers and snowboarders were headed higher up. >> it's
. >>> another step back to closing california's budget deficit. the steal of the state's first pollution permits brought in much less money than expected. the governor and lawmakers projected three auctions would raise $1 billion. but now analysts project it will only bring the state around $216 million. the governor's january budget could reflect the lower projections. >>> illegal marijuana growers appear to be growing green. investigators say growers around the country are...
101
101
Nov 28, 2012
11/12
by
CSPAN
tv
eye 101
favorite 0
quote 0
now we're facing debt and deficit. on the question of labour supply and investment of savings, it is hard to know what the rates would have been. but in general, tax rates to increase porges station in the labour market, particularly for women. there is every -- very strong evidence that lower tax rates make people save more prepared host: did it create jobs? guest: the tax policy itself does not create jobs. employers create jobs. there was a recession and at the bush administration in the beginning and one at the end. that continued into the obama administration. jobs come and go. at the moment, we have a significant job deficit. but i think if we look not just at the bush tax cuts in isolation, but the tax policy over the history of the united states and in other countries, we see the lower chart -- lower tax rates do contribute to getting jobs. host: ethan pollack, as did the bush tax cuts work? guest: they did work in the sense that they cost a lot of money and reduced surpluses. 80% of the debt added during the t
now we're facing debt and deficit. on the question of labour supply and investment of savings, it is hard to know what the rates would have been. but in general, tax rates to increase porges station in the labour market, particularly for women. there is every -- very strong evidence that lower tax rates make people save more prepared host: did it create jobs? guest: the tax policy itself does not create jobs. employers create jobs. there was a recession and at the bush administration in the...
216
216
Nov 27, 2012
11/12
by
KPIX
tv
eye 216
favorite 0
quote 0
the president argues that social security is not driving the deficit problem. it has solvency issues of its own but the president wants those dealt with downstream, sometime next year and on a separate track. now congressional republicans, especially those eager-- or at least willing-- to raise tax revenue want social security, medicare and medicaid as part of the fiscal cliff negotiations. if that's the price tag of a grand bargain, the white house says at least where social security is concerned it's not going to buy. scott? >> pelley: major, thanks very much. it appears the new president of egypt may be backing away from the biggest crisis there since the revolution. there have been four days of protests after president mohammed morsi seized near absolute powers saying that his decisions cannot be overturned by the courts. well, tonight we're hearing that talks between morsi and the supreme court continue with an eye toward compromise. it's a developing story and holly williams is in cairo tonight. >> reporter: in cairo today, they buried a young man who die
the president argues that social security is not driving the deficit problem. it has solvency issues of its own but the president wants those dealt with downstream, sometime next year and on a separate track. now congressional republicans, especially those eager-- or at least willing-- to raise tax revenue want social security, medicare and medicaid as part of the fiscal cliff negotiations. if that's the price tag of a grand bargain, the white house says at least where social security is...
120
120
Nov 29, 2012
11/12
by
CSPAN
tv
eye 120
favorite 0
quote 0
deficits that are unsustainable. i hope at the end of this year that -- congress will extend the middle class for 98% of americans, but let the tax cuts on that 2% expire. host: william mcbride, is the payroll tax cut a side issue? guest: it was front and center a year ago. it was debated in stages. we had a two month extension last year at this time. we had a protracted debate that picked up again in february and was extended again for the rest of the year. that was an major push by the president. it is a major deal. it is more than $100 billion a year, the estimate is $125 billion a year. that is more than 10% of the deficit. these are big numbers. it is an unprecedented policy, to start it two years ago and prior to that time -- the first time it was passed it was for one year. it was debated again last year. we did not play around politically with the payroll tax to much. nothing like we did with the income tax. it is rather unprecedented, cuts in to a program that was posted a dedicated to social security -- sup
deficits that are unsustainable. i hope at the end of this year that -- congress will extend the middle class for 98% of americans, but let the tax cuts on that 2% expire. host: william mcbride, is the payroll tax cut a side issue? guest: it was front and center a year ago. it was debated in stages. we had a two month extension last year at this time. we had a protracted debate that picked up again in february and was extended again for the rest of the year. that was an major push by the...
173
173
Nov 22, 2012
11/12
by
FOXNEWSW
tv
eye 173
favorite 0
quote 0
>> regarding the deficit. cbo said if knock is done with the fiscal cliff we'll get $800 billion per year added to the deficit. and obama-care amounts for $100 billion of that. it's $100 boyle in spending that doesn't currently exist. if we are going to do everything we can to keep the economy growing the easiest thing we can cut is spending that's not yet taking place. but i think the bottom line is you have got to start from an absolute beginning where you look at everything equally. if obama-care is the most important program then it survives. if there are other thing that are more important it does not survive. we take one thing off the table from the outset this is not a true negotiation. you look at everything that exists and make decisions about each of them based on their own merits. not take one single bill and taking its off the table. particularly a bill that 47% of americans still oppose. rick: the number of people who still don't know exactly what obama-care is all about, whether they would benefi
>> regarding the deficit. cbo said if knock is done with the fiscal cliff we'll get $800 billion per year added to the deficit. and obama-care amounts for $100 billion of that. it's $100 boyle in spending that doesn't currently exist. if we are going to do everything we can to keep the economy growing the easiest thing we can cut is spending that's not yet taking place. but i think the bottom line is you have got to start from an absolute beginning where you look at everything equally. if...
191
191
Nov 21, 2012
11/12
by
MSNBCW
tv
eye 191
favorite 0
quote 0
and that's made it impossible to reach a deficit reduction deal, until now. "the new york times" has an article in which republican after republican after republican goes on the record by name dismissing his pledge and his power. peter king says a pledge is good at the time you sign it. in 1941 i would have voted to declare war on japan. but each congress is a new congress and you can't have a rule that you're never going to raise or lower taxes. i don't want to rule anything out. senator of georgia said, i'm frankly not concerned about the norquist pledge. senator john mccain said fewer and fewer people are signing this "pledge." it's actually a pledge, but any way. senator coburn called it "a tortured vision of tax purity." and it did you want end there in that article. bill crystal said this. >> let's have a serious debate. don't scream and yell when one person says, it won't kill the country if we raise taxes on millionaires. i don't understand why republicans don't take obama's offer. >> a calmist at the national review wrote, as a matter of political st
and that's made it impossible to reach a deficit reduction deal, until now. "the new york times" has an article in which republican after republican after republican goes on the record by name dismissing his pledge and his power. peter king says a pledge is good at the time you sign it. in 1941 i would have voted to declare war on japan. but each congress is a new congress and you can't have a rule that you're never going to raise or lower taxes. i don't want to rule anything out....
104
104
Nov 27, 2012
11/12
by
MSNBCW
tv
eye 104
favorite 0
quote 0
we should address the drivers of the deficit and social security is not currently a driver of the deficit. >> they made that abundant ly clear. when they say entitlement reform it does not include social security and what they define it as. grover norquist is having to defend himself after several prominent senate republicans indicated a willingness to break his famous pledge, arguing republicans who agree to tax hikes just like they did under president bush. >> it is important that the republicans don't have their fingerprints all over the murder weapon, their fingerprints all over a lousy budget deal with tax increases and no real spending, just as happened to republicans in 1990 which cost us the presidency in '92. >> "the wall street journal" defends norquist today writing, quote, the voters are smart enough to know that republicans who focus on mr. norquist are part of the problem. interesting calling out those republicans by the wall street editorial. norquist is a bit of a media creation. remember this. he's an easily digestible symbol of ideological purity. the people who actually
we should address the drivers of the deficit and social security is not currently a driver of the deficit. >> they made that abundant ly clear. when they say entitlement reform it does not include social security and what they define it as. grover norquist is having to defend himself after several prominent senate republicans indicated a willingness to break his famous pledge, arguing republicans who agree to tax hikes just like they did under president bush. >> it is important that...
65
65
Nov 26, 2012
11/12
by
CSPAN2
tv
eye 65
favorite 0
quote 0
no more deficit spending. we'll pay for it by having a surtax on people who make more than $1 million a year. and that surtax is .3%. they stopped it. they stopped it dead in its tracks. every republican voted against that. that is the way that they have legislated this entire year. and by our getting rid of the motion to proceed, that we're turning country upside-down is ridiculous. it's not true. they have legislated with the effort to defeat obama. he won. he won by 2 1/2 million votes, 325 -- 327 electoral votes, overwhelming. even though they did everything they could to stop him from being reelected. everyone knows what a failure this congress has been because of what the senate has done and that's nothing. nothing. no job creation. they didn't want that. it would -- if -- if we had had some ability to create jobs, it would have helped obama, it would have helped the country. but, no, that wasn't what they wanted to do. and a terrible day for them last year was the -- several months ago, the supreme cour
no more deficit spending. we'll pay for it by having a surtax on people who make more than $1 million a year. and that surtax is .3%. they stopped it. they stopped it dead in its tracks. every republican voted against that. that is the way that they have legislated this entire year. and by our getting rid of the motion to proceed, that we're turning country upside-down is ridiculous. it's not true. they have legislated with the effort to defeat obama. he won. he won by 2 1/2 million votes, 325...
142
142
Nov 28, 2012
11/12
by
MSNBCW
tv
eye 142
favorite 0
quote 0
budget deficit was $200 billion. now it's a trillion. how can you say nothing has changed? he acknowledged things have changed, but he's trying to stick to his principles so when i talked to him about his relevance and whether he was like frosty the snowman and feeding away from us before our eyes with each sound bite like the ones we've been seeing on your show, he said i'm for lower taxes that gives me job security. people will always think their taxes are too high. but we saw today, andrea, is a real operator. you've covered him for years. he has a $7 million operation. a full-time staff. they spend a lot of money in campaigns. he wants to stay a player. and he wants these members to listen to him and to do that, he has to have this opening. so what he's saying is congruent with our reporting which is that there's more going on behind the scenes than there is in the camera and i can clearly see a way for there to be a deal by as the president said today, by christmas, andrea as you know, december 23rd what they think of as the real deadline up there and i see signs that
budget deficit was $200 billion. now it's a trillion. how can you say nothing has changed? he acknowledged things have changed, but he's trying to stick to his principles so when i talked to him about his relevance and whether he was like frosty the snowman and feeding away from us before our eyes with each sound bite like the ones we've been seeing on your show, he said i'm for lower taxes that gives me job security. people will always think their taxes are too high. but we saw today, andrea,...
143
143
Nov 28, 2012
11/12
by
CNBC
tv
eye 143
favorite 0
quote 0
someone here says those breaks could be chopped to cut the deficit. are those worries overblown? a heated debated is coming up. music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care may cost. so i never missed a beat. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. >>> let's get to mary thompson who has more on some of market action. >> more actually on all these companies paying out these dividends, michelle. consider this. last year only 44 members of the russell 3 o -- 3 000 had paid out a special dividend. why the rush? investors want to push out cash before the tax rates jump. take a look at these company names behind us. they're the one december clalar special dividends. on december 18th, a retail warehouse -- costco's payout, one of the ten largest out so far this quarte
someone here says those breaks could be chopped to cut the deficit. are those worries overblown? a heated debated is coming up. music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care may cost. so i never missed a beat. we're more than 78,000 people looking out for...
323
323
Nov 28, 2012
11/12
by
FOXNEWSW
tv
eye 323
favorite 0
quote 0
we have a $1.2 billion deficit. one of the things i'm hearing from my republican sources over the last few days is they say the president isn't talking about spending cuts. wasn't it interesting in his remarks today i don't think the president mentioned cutting spending one time. so the republicans are saying wait a minute all the president wants to do is raise these taxes on small businesses and i vesters and quote rich people. on the other hand he's not putting on the table any reductions in spending or entitlements. and i think we all know, whether you're a democrat, republican, independent we have to start chopping these programs and reforming them or we will surrender to an ocean of debt. jenna: when does that moment of reckoning come? is it here now? that's the big question? >> i don't think it's here now. i think the window is khroeusing and i think there is a lot of frustration that we can't seem to come to an agreement. just one example, jenna, the president in the negotiations has said well social security
we have a $1.2 billion deficit. one of the things i'm hearing from my republican sources over the last few days is they say the president isn't talking about spending cuts. wasn't it interesting in his remarks today i don't think the president mentioned cutting spending one time. so the republicans are saying wait a minute all the president wants to do is raise these taxes on small businesses and i vesters and quote rich people. on the other hand he's not putting on the table any reductions in...